MEGA, the “privacy company,” is now based in Hungary, via MEGA Privacy Kft in Csomád. Found this out on their “About us” page.
MEGA, the “privacy company,” is now based in Hungary, via MEGA Privacy Kft in Csomád. Found this out on their “About us” page.
That’s not a real office address, if you search for the full address you will get a lot other companies as results.
So that’s an address of a “headquarter provider” company, they are very common in Hungary. Companies have to pay different taxes based on where their HQ is, and taxes are lower in small villages like Csomád. I don’t know how common is this elsewhere.
Here is a G* streetview of the house: https://maps.app.goo.gl/sQW19pN3c1m4qFuH8 But this should be irrelevant, just to see it’s not even an office building
So they just have a Hungarian shell company? From publicly available local data I found, the company was established on 2025-02-27, with less than 10000 EUR capital.
Maybe they needed it to more easily operate in the EU?
I was thinking the same thing, but don’t they already have a Luxembourg company?
Maybe @[email protected] is right and it’s for some tax benefits. But similar companies usually choose Ireland as a European foothold, if tax avoidance is an important factor.
The companies address on the NZ companies’ office was not updated yet: https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/4136598/detail
And as I can see on other sites it’s still owned by the same Hong Kong company.
It’s pretty common in the US too. A lot of companies are legally headquartered in Delaware. A lot of international companies have their EMEA HQ in Ireland.